Cryptocurrencies

Cryptocurrencies

Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon the cryptocurrency project

Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.

EU’s finance commissioner promises to introduce new cryptocurrency laws in response to Libra

Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.

This is how much money you must have to trade in virtual assets according...

The Securities and Futures Commission (SFC) of Hong Kong has issued new regulations for fund managers investing in virtual assets.

The FCA ramps up investigations into cryptocurrency companies by 74%

The top UK financial services watchdog is putting the screws on cryptocurrency companies and has increased the number of businesses under investigation by 74% in the past year.

Coinone ordered to compensate customer who lost money in a hack

Coinone is a South Korean cryptocurrency exchange that has just been forced to cough up $20,780 to pay a customer who lost money in a 2018 hack.

Switzerland’s financial regulator is more worried about the “dark corner” of cryptocurrencies than about...

Many legal stakeholders have worried about Facebook’s new cryptocurrency project. However, it is not a Swiss watchdog’s biggest concern.

Russian nuclear scientist fined $7,000 for using a super computer in a top secret...

A Russian nuclear scientist has been fined for using one of the country’s most powerful super computers, located in a top secret lab, to mine bitcoin.

Ukraine’s government is planning new cryptocurrency laws

Mikhail Fedorov, deputy prime minister of digital transformation in the Ukraine, is set to collaborate with the country’s finance ministry to launch a new legal framework for cryptocurrencies.

ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”

Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.

Kik shuts down its messaging app amidst a SEC cryptocurrency lawsuit

Canadian messaging app Kik is closing so that the company can focus on its cryptocurrency Kin, which is front and centre of a US Securities and Exchange Commission (SEC) lawsuit.

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